Question

Can I use OLS to estimate this model? Please explain why or why not.

Answer 1

## Q )Can I use OLS to estimate this model? Please explain why or why not.

Answer : Yes , we can use OLS ( ordinary least square ) to estimate this model ,

why ?

because its used we can predict values of a continuous response variable using one or more explanatory variable

and can also identify the strength of the relationships between these variables .

( these two goals of regression are often referred to as prediction and explanation )

in regression analysis  OLS do very important . and estimated values from it are accurate as well as usable .

so we can believe in it and can estimate regression model also .